Hey everyone,I am looking to partner up with a friend I graduated with who is also interested in RE. We want to start with a smaller multi-family property and gradually move into large apartment complexes. He is worki...
I'm probably the only person on here that has gone through this, but I don't know of another forum where I can discuss this. I rent out RVs that people live in. I've been doing it for over 3 years. So, eleven months a...
Hello all,I’m one of three partners purchasing a duplex. We formed an LLC but from what we’re finding out we can get much more attractive financing if we purchase the property in our three personal names. My question,...
Hello. Me and my brother own 2 properties (both names on deed's). Even thought we own them 50/50, when we apply for a new loan, we are responsible for the whole mortgage balance. The rental income is counted in half b...
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
Hello,I'm new to the Bigger Pockets forums. This is a great community and I appreciate all of the knowledge that has been accumulated here.I am looking to begin investing, specifically into 4-Plexes. I'm trying to det...
Investment Info:
Single-family residence fix & flip investment in Gorum.
Purchase price: $350,000
Cash invested: $75,000
Sale price: $580,000
Was a 3/2 off market property that need a full re...
I have quite a few properties already and continue to expand. I'm looking to form a LLC soon. I will be meeting with an attorney but wanted to see what advice you guys had... Maybe questions I should ask; things I sho...
Quick question about 1031 exchanges and legal entities: If hold title to a property in my own name and sell the property with a 1031 exchange am I allowed, at any point, to transfer the new investment property into an...
I'm trying to figure out how to structure this partnership. I found a great SFR buy and hold deal. My buddy is going to take out the loan in his name. I will manage the property. Do we set up a property specific LLC a...